Several big items of interest or just good fun. All forwarded by Danielle Rocheford. Thanks! This guy shorted sub-prime and it made him a billionaire with a B! Click and learn more! Here’s a Powerpoint presentation that pretty much gives a few minute description of the hows and whys of the real estate / mortgage debacle. Laugh, it’s funny. Then cry, because is isn’t. Some great...

If you’re a bit financially strapped at the moment, consider it a temporary situation and focus on the future. If you have a job and are making enough money to support yourself, you’re off to a great start. Sure, there’ll be things you’d like to have that you can’t afford-but that’s okay. Keep telling yourself that you’ll be in better financial shape next year and enjoy the experience of being out on your own. To stay on the right financial track, remember these two things: 1. Resist the temptation to use credit cards to buy what you want, but can’t afford. You’ll get yourself in a huge rut if you do this and end up with less in the future. Be patient and know that eventually, you’ll have more buying power. 2. Be aware of financial opportunities, and take advantage of them when they’re available. Many people miss chances to improve their financial positions because they don’t know what’s available to help them do so. By reading this series, you’ve shown that you’re interested in your personal finances and are willing to take the initiative to learn how to get, and keep, your finances healthy. We’ll look closer at these areas of financial opportunity later in this series, but it’s important that you know what opportunities to look for. The sooner you start making the most of your money, the more money you’ll have later. 401(k)plans. We’ll get into more detail about these little goldmines later, but suffice it to say that 401(k)s are a great way to save money. If you’re eligible to participate at work, make sure you do. IRAs and the new Roth IRAs and other retirement plans also are good vehicles for saving. Compounding interest.Starting to save even a little bit of money when you’re young will pay off big time because of time. The longer money is invested, the faster it grows. That’s called compounding, and it’s a great way to see your money grow. Lower interest rates. If you’re paying 18 or 20 percent interest on your credit card, you might be able to get a significantly lower rate just by shopping around and asking. A couple of points can make a big difference. The best possible bank accounts. If you’re paying big bucks in bank fees, you’re not making the most of your money. It takes some work, but it’s worth it to look around and compare what’s available. A budget. Most people wouldn’t consider a budget a financial opportunity, but it definitely is. Preparing and using a budget gives you a chance to see where your money goes and an opportunity...

~ David Shafer ~ The hardest thing for some folks to understand is why taking advice from or turning your money over to experts doesn’t work. After all, that is what we have been trained to do, listen to experts! There are two problems with this strategy. First, is the problem of our own emotional/mental structures. Taking advice from experts doesn’t change our own mental structures. If we don’t change the way we think about money, if we don’t change our understanding about money, if we don’t create a wealth creating environment in our lives, then we will fail to create wealth. It is as simple as that. By going to a “financial expert” we are demonstrating an unwillingness to take control of our own lives and that is what needs to be done in order to create wealth. Study after study demonstrates this. We can not outsource control and expect to have above average results. Secondly, the masses of “financial experts” out there are mostly folks just like you, that haven’t taken control of their own finances, or turn themselves into active participants in their own financial lives. What, you say? Yes, that’s right how many folks in the financial expert category are actually wealthy? How many have made their wealth through investing? Most, if they have acquired any wealth, do it by having superior sales abilities that turns into superior income. But as a class, they are wealth underachievers, meaning they have less wealth given their income, than the average. I read that the average “financial expert” has an income of $80,000, in which they aren’t very good, at least below average, at turning into wealth. Original post: Why Financial Experts Don’t...

Click to Play http://www.themastermindset.com During my time at the Rich Dad Company, I became friends with many of the advisors to Robert and Kim Kiyosaki. One of the advisors that I learned the most from is Blair Singer. He wrote the Rich Dad Advisor books, Sales Dogs and The ABCs of Building Business Teams That Win. He is also one of the MOST incredible speakers I have ever heard. I attended one of his two day seminars FOUR TIMES in the last six years. He motivates, inspires and teaches real-life concepts that immediately produce results. http://www.themastermindset.com I am very proud to call him a friend. One of the most significant and simple lessons he taught me was the concept of emotions vs. intelligence You see, these two very human traits have an inverse relationship. In other words, when one is high, the other is low, and vice versa. This is evident in a number of every-day examples that I am certain we all have been through. Have you ever heard someone on the radio that is willing to do ANYTHING to get a pair of concert tickets? Eat bugs, streak through the park, sign kareoke. http://www.themastermindset.com Most of the time, their emotions are extremely high. And needless to say, their intelligence is low. Duh! Would they normally do those things? Maybe. Another example is the ubiquitous fight with a loved one. When emotions are running high, we tend to say some pretty stupid things. And we regret it later, when our emotions are low. We realize that at that moment, our intelligence was lower than a snake’s belly. Anyway, I wanted to share this important but simple concept so you can recognize when this is happening. What you do at that point is your choice. Leave a comment if you found this valuable. I want to hear from you! John http://www.themastermindset.com Originally posted here: The Master Mindset – Emotions and...

Millionaire lesson No. 1 Build a strong brand, and don’t be afraid to promote your product with passion. Millionaire lesson No. 2 Don’t be afraid to go out on your own if you possess the competence and know people who can help you reach your goal. Millionaire Lesson No. 3 Identify trends and be patient, even if it means waiting a decade to make an investment. Millionaire Lesson No. 4 Success on the Internet isn’t serendipitous. Don’t court investors until you have adequate traffic and initial revenue. Millionaire Lesson No. 5 Plan for the very long term. Gary Gardelli waited two years to get the job he wanted and more than 30 years for the payoff. Millionaire Lesson No. 6 Combining an old way of doing things with a popular new trend will resonate with customers and clients. Millionaire Lesson No. 7 It doesn’t take a fortune to build one. Saving a little at a time is an established path to accumulating wealth. Millionaire Lesson No. 8 Forgo the safe route and find an employer who will help you live up to your potential. Go here to read the rest: 8 Millionaire...

From The Oprah & Friends Radio Show with Dr. Mehmet Oz, 11 September 2008 The Unthinkable: Who Survives When Disaster Strikes and Why by Amanda Ripley It lurks in the corner of our imagination, almost beyond our ability to see it: the possibility that a tear in the fabric of life could open up without warning, upending a house, a skyscraper, or a civilization. Today, nine out of ten Americans live in places at significant risk of earthquakes, hurricanes, tornadoes, terrorism, or other disasters. Tomorrow, some of us will have to make split-second choices to save ourselves and our families. How will we react? What will it feel like? Will we be heroes or victims? Will our upbringing, our gender, our personality–anything we’ve ever learned, thought, or dreamed of–ultimately matter? Amanda Ripley, an award-winning journalist for Time magazine who has covered some of the most devastating disasters of our age, set out to discover what lies beyond fear and speculation. In this magnificent work of investigative journalism, Ripley retraces the human response to some of history’s epic disasters, from the explosion of the Mont Blanc munitions ship in 1917–one of the biggest explosions before the invention of the atomic bomb–to a plane crash in England in 1985 that mystified investigators for years, to the journeys of the 15,000 people who found their way out of the World Trade Center on September 11, 2001. Then, to understand the science behind the stories, Ripley turns to leading brain scientists, trauma psychologists, and other disaster experts, formal and informal, from a Holocaust survivor who studies heroism to a master gunfighter who learned to overcome the effects of extreme fear. Customer Rating: Read Reviews Tags: Amanda, Ripley, The, Unthinkable:, Who, Survives, When, Disaster, Strikes, and, Why Social Bookmarking Here is the original: Amanda Ripley – The Unthinkable: Who Survives When Disaster Strikes and...

From The Oprah & Friends Radio Show with Jean Chatzky, 16 September 2008 The Emotion Behind Money: Building Wealth from the Inside Out by Julie Murphy Casserly This book is based upon an insight that’s literally turning the financial services industry upside down. It’s the notion that we each have specific emotions, or emotional patterns, attached to money that were imprinted on us before we even had a choice to have a checking account. Whether you personally recognize this or not, today those emotions impact every financial decision you face. They are responsible for how you make money and how you keep it, or whether, as is often the case, it seems to go out the door faster than it comes in. Amazingly, those feelings are not just fleeting reactions; they actually influence how much money you’ll make and amass throughout your entire life! The purpose of this book is to help you recognize your emotions behind money, and likewise help you discover healthier ways to respond to those feelings. Through everyday language, lively anecdotes, and engaging exercises it will: – Help you see your life and your money through a different lens; – Empower you to align your financial destiny by living from the inside out; – Teach you how to discover and define what you truly desire to live abundantly. Customer Rating: Read Reviews Tags: Marci, Shimoff, and, Carol, Kline, The, Emotion, Behind, Money, Building, Wealth, from, the, Inside, Out Social Bookmarking View original here: Julie Murphy Casserly – The Emotion Behind Money: Building Wealth from the Inside...

Reading Robert Kiyosaki’s book ‘Business Shool ’ , I learned that there are 5 types of dreamers, they are: Dreamers who dream in the past. These are people like ex-football stars, or people who graduated from a prestigeous university, whose good days are behind them and all they can talk about, is the days when they were famous. If you are one of these people, create a new dream in the furure to work towards and come alive again, as people who dream in the past are people whose life is over. Dreamers who dream only small dreams.These are people who only dream small dreams, as they want to be confident that they will be able to achieve it. The sad thing is that eventhough they know they can achieve it, they never do. They are the people who say later in life, ” I should have done that years ago, but never got round to it”. Dreamers who have achieved their dreams and have not set a new dream. A lot of people who achieved the dream they had in highschool, after achieving the dream and working in that profession for years, end up bored with life. If you are one of these, It is time for a new dream and a new adventure. Dreamers who dream big dreams but do not have a plan on how to achieve them…so they wind up achieving nothing. These are people who often say “I’ve just had a major breakthrough”, let me tell you all about it or “This time I’m going to make this work”. They are trying to achieve a lot, and try to do it on their own. Very few people achieve their dreams on their own, so find a plan, and a team that will help you make your big dreams come true. Dreamers who dream big dreams, achieve those dreams and go on to dream bigger dreams. I want to be this kind of person, don’t you? Go here to read the rest: 5 Types of...

From The Oprah & Friends Radio Show with Jean Chatzky, 15 September 2008 What Every BODY is Saying: An Ex-FBI Agent’s Guide to Speed-Reading People by Joe Navarro and Marvin Karlins Read this book and send your nonverbal intelligence soaring. Joe Navarro, a former FBI counterintelligence officer and a recognized expert on nonverbal behavior, explains how to “speed-read” people: decode sentiments and behaviors, avoid hidden pitfalls, and look for deceptive behaviors. You’ll also learn how your body language can influence what your boss, family, friends, and strangers think of you. You will discover: * The ancient survival instincts that drive body language * Why the face is the least likely place to gauge a person’s true feelings * What thumbs, feet, and eyelids reveal about moods and motives * The most powerful behaviors that reveal our confidence and true sentiments * Simple nonverbals that instantly establish trust * Simple nonverbals that instantly communicate authority Filled with examples from Navarro’s professional experience, this definitive book offers a powerful new way to navigate your world. Customer Rating: Read Reviews Tags: Joe, Navarro, and, Marvin, Karlins, What, Every, BODY, is, Saying, An, Ex-FBI, Agent’s, Guide, to, Speed-Reading, People Social Bookmarking View original post here: Joe Navarro and Marvin Karlins – What Every BODY is Saying: An Ex-FBI Agent’s Guide to Speed-Reading...

From The Oprah & Friends Radio Show with Jean Chatzky, 10 September 2008 Money: Fall Down? Get Up! by Bonnie St. John This is the easiest most enjoyable little book on money you’ll ever find! Take the 60-day money challenge and turn your downfalls into strengths. You will gain confidence, basic skills and plan out next-steps for a lifetime of prosperity. Gather your friends and family to take the 60-day money challenge together… and get results faster! Customer Rating: Read Reviews Tags: Bonnie, St., John, Money:, Fall, Down?, Get, Up Social Bookmarking Continued here: Bonnie St. John – Money: Fall Down? Get...